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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (10603)11/29/1998 11:41:00 PM
From: Don Green  Read Replies (1) | Respond to of 93625
 
People seemed to be getting ahead of themselves... AGAIN, just like Rambus.

Presently Rambus has a P/E of 323.20 based on Yahoo's site numbers.

Yes, I have always agreed that the potential for this stock is huge..

But many here seem to forget that The "Overall Market" determines where Rambus goes from here and in the future, not hype. In recent days Rambus and the overall market have shown a lot of strength, but another major correction is overdue...

There should be plenty of time to load-up.. Don't forget, if the Dow is in the 6000 area in 1999-2001. I doubt you will see the earnings that are being predicted.

Presently flat on Rambus.

regards
Don